Joint Operating Agreement
In 1960, Pittsburgh had three daily papers: the Post-Gazette in the morning, and the Pittsburgh Press and the Pittsburgh Sun-Telegraph in the evening and on Sunday. The Post-Gazette bought the Sun-Telegraph (which had bought the old Chronicle-Telegraph), and moved into the Sun-Telegraph's Grant Street offices.
The Post-Gazette tried to publish a Sunday paper to compete with the Sunday Press but it was not profitable; rising costs in general were challenging the company's bottom line. In November 1961, the Post-Gazette entered into an agreement with the Pittsburgh Press Company to combine their production and advertising sales operations. The Post-Gazette owned and operated its own news and editorial departments, but production and distribution of the paper was handled by the larger Press office. This agreement stayed in place for over 30 years.
Read more about this topic: Pittsburgh Post-Gazette
Famous quotes containing the words joint, operating and/or agreement:
“No Government can be long secure without a formidable Opposition. It reduces their supporters to that tractable number which can be managed by the joint influences of fruition and hope. It offers vengeance to the discontented, and distinction to the ambitious; and employs the energies of aspiring spirits, who otherwise may prove traitors in a division or assassins in a debate.”
—Benjamin Disraeli (1804–1881)
“I love meetings with suits. I live for meetings with suits. I love them because I know they had a really boring week and I walk in there with my orange velvet leggings and drop popcorn in my cleavage and then fish it out and eat it. I like that. I know I’m entertaining them and I know that they know. Obviously, the best meetings are with suits that are intelligent, because then things are operating on a whole other level.”
—Madonna [Madonna Louise Ciccione] (b. 1959)
“No one can doubt, that the convention for the distinction of property, and for the stability of possession, is of all circumstances the most necessary to the establishment of human society, and that after the agreement for the fixing and observing of this rule, there remains little or nothing to be done towards settling a perfect harmony and concord.”
—David Hume (1711–1776)